[MeneMeneTekelUpharsin]

This goes to show how crooked Wall Street really is. How did Rivian's per share price jump from around $14 a share to $21 with this kind of report? Inquiring minds want to know. I wonder which politician made money?

[Mashood]

A scammer scamming scammers.

[Bernard]

The dot com craze of 30 years ago was cheaper. Of course, there was little political profit being made on that back then, which would explain the smaller numbers.

But, a lot of investment money got sunk into bad ideas. just like this nonsense of electric cars.

[monkeyshine]

The share price went up because they delivered about 50% more vehicles than they projected. (I suppose you could accuse them of low-balling projections in order to manipulate their results, too).

I don’t know the details of this case, but I do know it takes years to design and commercialize a car... and by the time Rivian started making deliveries there was a worldwide pandemic, supply chain problems, labor shortages, and high inflation for producers. When, exactly, should they have announced the price hikes?

[Svartalfiar]

Their front end looks like some futuristic retarded anime robot from Japan. Dunno why anyone would buy one just from that!

[Tijeras_Slim]

I just got a deal on a 2013 Toyota Tacoma, one owner, low miles, well maintained. I will probably never need to buy another vehicle. EV’s are the compact fluorescent light bulbs of cars.